Stocks edge higher after ADP employment survey

New York • Stocks held close to a record after a private survey showed that U.S. companies increased hiring at a rapid pace. The report is the latest sign that the economy is strengthening after an unusually harsh winter. The Standard &...

Related News

Cumberland Advsors See Also Almost fifteen years ago, on April 1, 2000, we wrote and published a piece entitled “” We have now retrieved that piece from our archives and posted it on our website. In preparing that piece we evaluated the stock market and made a theoretical calculation in which we merged two companies, Cisco and Microsoft. We assumed that their reported earnings...

A picture illustration shows a Facebook logo reflected in a person's eye, in Zenica See Also Nasdaq OMX Group said on Thursday it set aside $31 million for ongoing litigation arising from the bungled $16 billion initial public offering of Facebook Inc on its U.S. stock exchange in May 2012. The reserve is intended to cover the estimated amount of a settlement of class-action...

NEW YORK Nov 25 (Reuters) - Nasdaq OMX Group Inc executive Eric Noll, the exchange operator's top internal candidate to replace Chief Executive Robert Greifeld, is leaving to take a job in private equity, according to sources with knowledge of the matter. A spokesman for Nasdaq declined to comment. Noll did not immediately return calls. Fox Business Network reported earlier on...

On Monday, the Nasdaq crossed 5000 for the first time in 15 years. Here is what CNBC's Carl Quintanilla looked like in 2000 via @IvanTheK. The last time the Nasdaq composite index was north of 5000. — Ivan the K™ (@IvanTheK) Here's what he looks like today via CNBC. Photo courtesy of CNBC Please enable Javascript to watch this video Recommended For You Loading Here is what...

CBS' The Job, a new reality competition series premiering Friday, February 8 at 8:00-9:00PM ET/PT, will visit the NASDAQ MarketSite in Times Square. In honor of the occasion, Michael Davies, Creator & Executive Producer, The Job, will ring the Closing Bell. Mr. Davies will be joined by executives from companies featured throughout the series, including Susan Lyne, Chairman of...

Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said. There is no written agreement that lays out such a timeline. And Greifeld, 56, who has been the financial market company's CEO for 11 years,...

09/18/14 U.S. stocks saw a strong session Thursday, led by a record high rise for both the Dow and S&P 500, on mixed data and as investors continued to cheer the Fed\'s decision yesterday. Also, Alibaba\'s IPO pricing awaits and...

09/18/14 U.S. stocks saw a strong session Thursday, led by a record high rise for both the Dow and S&P 500, on mixed data and as investors continued to cheer the Fed\'s decision yesterday. Also, Alibaba\'s IPO pricing awaits and...

Stocks Rally Worldwide on Europe Stimulus, Chinese Reforms

published:19 May 2015

Stocks Rally Worldwide on Europe Stimulus, Chinese Reforms

Stocks Rally Worldwide on Europe Stimulus, Chinese Reforms

published:19 May 2015

views:9

There\'s a global rally in stocks going on. The Shanghai Composite Index in China is up 3% after Beijing approved a batch of railway projects and said it would speed up reform in the finance sector. The Nikkei in Japan ended above 20,000 for the first time in 3 weeks. Europe also gained after the U.S. Dow Jones Industrial Average and S&P 500 Indices hit record highs Monday. Home Depot (HD) delivered quarterly earnings and revenue that topped analysts expectations. Same store sales were also higher. Apple (APPL) has quietly shelved plans to introduce a high definition TV. The Wall Street Journal says it couldn\'t find a breakthrough technology.
Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV
For more content from TheStreet visit: http://thestreet.com
Check out all our videos: http://youtube.com/user/TheStreetTV
Follow TheStreet on Twitter: http://twitter.com/thestreet
Like TheStreet on Facebook: http://facebook.com/TheStreet
Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet
Follow TheStreet on Google+: http://plus.google.com/+TheStreet...

Stocks Rally Worldwide on Europe Stimulus, Chinese Reforms

published:19 May 2015

views:9

There\'s a global rally in stocks going on. The Shanghai Composite Index in China is up 3% after Beijing approved a batch of railway projects and said it would speed up reform in the finance sector. The Nikkei in Japan ended above 20,000 for the first time in 3 weeks. Europe also gained after the U.S. Dow Jones Industrial Average and S&P 500 Indices hit record highs Monday. Home Depot (HD) delivered quarterly earnings and revenue that topped analysts expectations. Same store sales were also higher. Apple (APPL) has quietly shelved plans to introduce a high definition TV. The Wall Street Journal says it couldn\'t find a breakthrough technology.
Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV
For more content from TheStreet visit: http://thestreet.com
Check out all our videos: http://youtube.com/user/TheStreetTV
Follow TheStreet on Twitter: http://twitter.com/thestreet
Like TheStreet on Facebook: http://facebook.com/TheStreet
Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet
Follow TheStreet on Google+: http://plus.google.com/+TheStreet...

US Close 24 Apr 15: DOW & NAS up 20 odd points on good earnings.

published:23 Apr 2015

US Close 24 Apr 15: DOW & NAS up 20 odd points on good earnings.

US Close 24 Apr 15: DOW & NAS up 20 odd points on good earnings.

published:23 Apr 2015

views:188

US sharemarkets rallied on Thursday, with benchmark indices hitting record highs. Technology stocks were firmly bid, with Google up 1.5% and Apple gaining 0.9%. The Dow Jones rose by 20 points or 0.1% with the S&P 500 index up by 0.2%
……
Visit CommSec
http://www.commsec.com.au
Follow Us On Twitter
http://www.twitter.com/commsec
Subscribe to CommSecTV
http://youtube.com/subscription_center?add_user=commsectv
Discuss the market in the CommSec Community. Log into your CommSec account, click on Community and Join In....

US Close 24 Apr 15: DOW & NAS up 20 odd points on good earnings.

published:23 Apr 2015

views:188

US sharemarkets rallied on Thursday, with benchmark indices hitting record highs. Technology stocks were firmly bid, with Google up 1.5% and Apple gaining 0.9%. The Dow Jones rose by 20 points or 0.1% with the S&P 500 index up by 0.2%
……
Visit CommSec
http://www.commsec.com.au
Follow Us On Twitter
http://www.twitter.com/commsec
Subscribe to CommSecTV
http://youtube.com/subscription_center?add_user=commsectv
Discuss the market in the CommSec Community. Log into your CommSec account, click on Community and Join In....

Bull is back: S&P 500 closes at record high, Dow tops 18,000

published:13 Feb 2015

Bull is back: S&P 500 closes at record high, Dow tops 18,000

Bull is back: S&P 500 closes at record high, Dow tops 18,000

published:13 Feb 2015

views:29

The Wall Street bull apparently is not superstitious, as it shrugged off \'Friday the 13th\' fears and raced higher, with the S&P 500-stock index setting a new record high and he Dow topping 18,000 for the first time this year.
The Standard & Poor\'s 500 gained 8.50 points, or 0.4% to 2096.99, topping its Dec. 29, 2014 record close of 2090.57. The index also hit an intra-day record of 2094.74.
The Dow Jones industrial average added 46.85 points, or 0.3%, to 18,019.23. It was its first rise above 18,000 since December 2014. The Nasdaq composite index was up 36.22 points, or 0.8% at 4893.84, a fresh 15 year high.
Stocks rose as Wall Street was hopeful that Greece and its creditors can hammer out a deal on the debt-strapped country\'s bailout when talks resume Monday. Markets were also boosted by the positive stock action itself, as the broad market has busted out to new highs after an early-year drop of 5%, which is a positive development, say analysts that glean market strength by how healthy stock charts look.
Strong economic data out of Europe also gave markets a lift, as did a continued rebound in oil prices. U.S. crude, which is getting a boost from the Ukraine-Russia cease-fire announced yesterday, was up another 3% to $52.76 a barrel, which boosted energy shares.
The new-high party on Wall Street, which went on hiatus after the end of 2014, has resumed. The S&P 500 set its first record close of 2015, after 53 record closes last year and 45 record-setting closes in 2013. The Dow is now less than 35 points of its Dec. 26, 2014, record high of 18,053.71.
U.S. investors ...

Bull is back: S&P 500 closes at record high, Dow tops 18,000

published:13 Feb 2015

views:29

The Wall Street bull apparently is not superstitious, as it shrugged off \'Friday the 13th\' fears and raced higher, with the S&P 500-stock index setting a new record high and he Dow topping 18,000 for the first time this year.
The Standard & Poor\'s 500 gained 8.50 points, or 0.4% to 2096.99, topping its Dec. 29, 2014 record close of 2090.57. The index also hit an intra-day record of 2094.74.
The Dow Jones industrial average added 46.85 points, or 0.3%, to 18,019.23. It was its first rise above 18,000 since December 2014. The Nasdaq composite index was up 36.22 points, or 0.8% at 4893.84, a fresh 15 year high.
Stocks rose as Wall Street was hopeful that Greece and its creditors can hammer out a deal on the debt-strapped country\'s bailout when talks resume Monday. Markets were also boosted by the positive stock action itself, as the broad market has busted out to new highs after an early-year drop of 5%, which is a positive development, say analysts that glean market strength by how healthy stock charts look.
Strong economic data out of Europe also gave markets a lift, as did a continued rebound in oil prices. U.S. crude, which is getting a boost from the Ukraine-Russia cease-fire announced yesterday, was up another 3% to $52.76 a barrel, which boosted energy shares.
The new-high party on Wall Street, which went on hiatus after the end of 2014, has resumed. The S&P 500 set its first record close of 2015, after 53 record closes last year and 45 record-setting closes in 2013. The Dow is now less than 35 points of its Dec. 26, 2014, record high of 18,053.71.
U.S. investors ...

S&P 500 Opening Range 5.09.2013

published:10 May 2013

S&P 500 Opening Range 5.09.2013

S&P 500 Opening Range 5.09.2013

published:10 May 2013

views:140

(Reuters) - The U.S. dollar rose to its highest against the yen in over four years on Thursday, blasting through the 100-yen level, while shares in major markets slipped from recent record levels.
Investors sold the low-yielding yen as ongoing support from central banks around the world continues to push cash into higher-yielding assets. U.S. stocks fell slightly after recent gains from a rally that has taken the S&P 500 to record closing highs for five straight sessions.
The dollar got support from data showing applications for unemployment insurance in the United States fell to the lowest level in more than five years in the latest week.
\"A stampede out of safety and brightening U.S. job prospects helped catapult the dollar over the key triple-digit threshold against the yen,\" Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington, said in a note.
The yen is on track to post its eighth straight month of declines against the greenback, shedding more than 30 percent since its September high near 77. A mega-stimulus program unleashed by the Bank of Japan last month has helped continue the weakening trend in the Japanese currency.
U.S. stocks slipped but the recent uptrend remains intact.
\"We\'ve had such a consistent upward move that investors need some real new news to keep the momentum going,\" said Rick Meckler, president of hedge fund LibertyView Capital Management LLC in Jersey City, New Jersey.
\"The jobless claims were a good number, but not enough of \'new news.\' Investors want to see something that shows a good pickup in economic act...

S&P 500 Opening Range 5.09.2013

published:10 May 2013

views:140

(Reuters) - The U.S. dollar rose to its highest against the yen in over four years on Thursday, blasting through the 100-yen level, while shares in major markets slipped from recent record levels.
Investors sold the low-yielding yen as ongoing support from central banks around the world continues to push cash into higher-yielding assets. U.S. stocks fell slightly after recent gains from a rally that has taken the S&P 500 to record closing highs for five straight sessions.
The dollar got support from data showing applications for unemployment insurance in the United States fell to the lowest level in more than five years in the latest week.
\"A stampede out of safety and brightening U.S. job prospects helped catapult the dollar over the key triple-digit threshold against the yen,\" Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington, said in a note.
The yen is on track to post its eighth straight month of declines against the greenback, shedding more than 30 percent since its September high near 77. A mega-stimulus program unleashed by the Bank of Japan last month has helped continue the weakening trend in the Japanese currency.
U.S. stocks slipped but the recent uptrend remains intact.
\"We\'ve had such a consistent upward move that investors need some real new news to keep the momentum going,\" said Rick Meckler, president of hedge fund LibertyView Capital Management LLC in Jersey City, New Jersey.
\"The jobless claims were a good number, but not enough of \'new news.\' Investors want to see something that shows a good pickup in economic act...

Major Stock Market Correction October 2015

published:27 Jun 2015

Major Stock Market Correction October 2015

Major Stock Market Correction October 2015

published:27 Jun 2015

views:38

SUPPORT SHAKAAMA LIVE: http://bit.ly/patronshak
POWERNOMICS: http://bit.ly/powernomics
SUBSCRIBE: http://bit.ly/shakaama2
MY TWITTER: https://twitter.com/Kevin_Cardinale
MY FACEBOOK: http://bit.ly/fbkcardinale
http://www.lasvegasnevadadui.com/
MY BLOG: http://shakaama.blogspot.com/
MY PINTEREST: http://www.pinterest.com/shakaama/
Major Stock Market Correction October 2015
The U.S. stock market will drop by 10 percent at some point during the next five months, pulling the S&P 500 lower to 1,900, Stifel strategist Barry Bannister wrote in a note to clients.
\"We believe the S&P 500 has reached the end of the road in terms of being supported by the trilogy of weak commodities, dollar strength and a low 10(-year) yield,\" Bannister said in Monday\'s note.
The other big factor is the end of the Federal Reserve\'s stimulus. His report showed a high correlation between the rise in the S&P 500 and the expansion of the Fed\'s balance sheet since 2009.
The central bank\'s assets have leveled since it halted the purchase of Treasurys (QE) last October, yet the S&P 500 has continued higher.
Stocks will correct during \"the seasonally weak May-October 2015 period due to the weight of a Fed Assets-dependent S&P 500 pricing model we use,\" Bannister wrote.
In other words, without the Fed\'s free money, stocks are worth a lot less.
The report\'s other big call is that oil prices will surge as the dollar falls, a move that will help trigger the stock correction.
The call for a correction is a reversal of a bullish call the strategist made about U.S. stock market last October after an end of...

Major Stock Market Correction October 2015

published:27 Jun 2015

views:38

SUPPORT SHAKAAMA LIVE: http://bit.ly/patronshak
POWERNOMICS: http://bit.ly/powernomics
SUBSCRIBE: http://bit.ly/shakaama2
MY TWITTER: https://twitter.com/Kevin_Cardinale
MY FACEBOOK: http://bit.ly/fbkcardinale
http://www.lasvegasnevadadui.com/
MY BLOG: http://shakaama.blogspot.com/
MY PINTEREST: http://www.pinterest.com/shakaama/
Major Stock Market Correction October 2015
The U.S. stock market will drop by 10 percent at some point during the next five months, pulling the S&P 500 lower to 1,900, Stifel strategist Barry Bannister wrote in a note to clients.
\"We believe the S&P 500 has reached the end of the road in terms of being supported by the trilogy of weak commodities, dollar strength and a low 10(-year) yield,\" Bannister said in Monday\'s note.
The other big factor is the end of the Federal Reserve\'s stimulus. His report showed a high correlation between the rise in the S&P 500 and the expansion of the Fed\'s balance sheet since 2009.
The central bank\'s assets have leveled since it halted the purchase of Treasurys (QE) last October, yet the S&P 500 has continued higher.
Stocks will correct during \"the seasonally weak May-October 2015 period due to the weight of a Fed Assets-dependent S&P 500 pricing model we use,\" Bannister wrote.
In other words, without the Fed\'s free money, stocks are worth a lot less.
The report\'s other big call is that oil prices will surge as the dollar falls, a move that will help trigger the stock correction.
The call for a correction is a reversal of a bullish call the strategist made about U.S. stock market last October after an end of...

Video Details

09/18/14 U.S. stocks saw a strong session Thursday, led by a record high rise for both the Dow and S&P 500, on mixed data and as investors continued to cheer the Fed\'s decision yesterday. Also, Alibaba\'s IPO pricing awaits and

There\'s a global rally in stocks going on. The Shanghai Composite Index in China is up 3% after Beijing approved a batch of railway projects and said it would speed up reform in the finance sector. The Nikkei in Japan ended above 20,000 for the first time in 3 weeks. Europe also gained after the U.S

US sharemarkets rallied on Thursday, with benchmark indices hitting record highs. Technology stocks were firmly bid, with Google up 1.5% and Apple gaining 0.9%. The Dow Jones rose by 20 points or 0.1% with the S&P 500 index up by 0.2%
……
Visit CommSec
http://www.commsec.com.au
Follow Us On Twitter

The Wall Street bull apparently is not superstitious, as it shrugged off \'Friday the 13th\' fears and raced higher, with the S&P 500-stock index setting a new record high and he Dow topping 18,000 for the first time this year.
The Standard & Poor\'s 500 gained 8.50 points, or 0.4% to 2096.99, topping

(Reuters) - The U.S. dollar rose to its highest against the yen in over four years on Thursday, blasting through the 100-yen level, while shares in major markets slipped from recent record levels.
Investors sold the low-yielding yen as ongoing support from central banks around the world continues t

Stocks pulled back just slightly but were still sitting near record levels at Monday\'s close. The Dow Jones Industrial and the S&P 500 slipped just under the flat line. The Nasdaq managed to squeeze out a small gain. Boeing (BA) was the Dow\'s biggest drag throughout the day. A downgrade from Goldman

Stocks rose at the open as the S&P 500 moved further into record territory and hit new intraday highs.
Investors were encouraged by a better-than-expected report on economic growth.
The economy grew at an adjusted annual rate of 3.9% in the third quarter, much better than the initial estimate of 3

Transportation and healthcare stocks helped boost the S&P 500 on Monday to its 39th new closing high for the year, versus 45 in 2013. The benchmark index has rallied 9.4 percent since hitting a six-month low in October, buoyed by supportive economic data and solid corporate earnings reports. Horton,

U.S. markets were looking to finish a volatile week on a positive note Friday. For the week, the benchmarks are headed for solid gains. Earnings reports are driving stocks like Nike (NKE) higher. Newslook
Stocks were sharply higher in afternoon trading Friday as the Nasdaq jumped back above 5000 an

PayPal (PYPL) was one of the best performers on the S&P 500, rallying in its return to markets. The electronic payments company, which split from eBay (eBay) on Friday, first traded in 2002 before eBay acquired it. Stocks closed with gains, but only barely as a selloff in commodities pressured the e

duration:1:14

published:20 Jul 2015

updated:20 Jul 2015

views:11

Automatic Data Processing

Automatic Data Processing, Inc. (NASDAQ: ADP) is a provider of business outsourcing. It is also a provider of computing services to automobile and heavy equipment dealers. ADP is one of four U.S. companies to get a AAA credit rating from Standard & Poor's (S&P) and Moody's.

In 1949 Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business. In 1957, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees and revenues of approximately $400,000.

From 1985 onward, ADP’s annual revenues exceeded the $1 billion mark, with paychecks processed for about 10% of the U.S. workforce. In the 1990s ADP began acting as a professional employer organization (PEO). Around this time, the company acquired Autonom, a German company, Kerridge Computer Co. Ltd., a dealer management systems (DMS) provider to auto dealers in the UK, and the payroll and human resource services company, GSI, headquartered in Paris.